Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation
Company Logo

Destroying Cancer at the Speed of Light®

Clinical Study Underway (75 of 100 Patients Treated)
Expected to complete enrollment at the end of 2024
Expected to complete study at the end of 2026


Bullboard - Investor Discussion Forum Theralase Technologies Inc. V.TLT

Alternate Symbol(s):  TLTFF

Theralase Technologies Inc. is a Canada-based clinical-stage pharmaceutical company. The Company is engaged in the research and development of light activated compounds and their associated drug formulations. The Company operates through two divisions: Anti-Cancer Therapy (ACT) and Cool Laser Therapy (CLT). The Anti-Cancer Therapy division develops patented, and patent pending drugs, called... see more

TSXV:TLT - Post Discussion

Theralase Technologies Inc. > Canada may manufacture antivirals
View:
Post by Oden6570 on Dec 07, 2021 3:44am

Canada may manufacture antivirals

Canada may manufacture antivirals

Potentially game-changing Merck COVID-19 drugs still require approval from Health Canada

J.P. MOCZULSKI THE CANADIAN PRESS
Minister FranoisPhilippe Champagne, left, and Merck Canada’s Marwan Akar meet in Toronto on Monday.

Canada could become a global manufacturing hub for a potentially game-changing treatment of COVID-19 with the signing of a new agreement to produce Merck Canada’s antiviral drug in Whitby.

The company inked a deal with Thermo Fisher Scientific to manufacture the drug, molnupiravir, at its facility in Whitby with a mandate to supply the product domestically, as well as to the United Kingdom, European Union, Asia Pacific and Latin America.

The drug — one of the first treatments for nonhospitalized COVID-19 patients — is currently pending Health Canada approval.

The facility has already churned out 10 million courses of the drug while the company waits for the green light.

Last week, Procurement Minister Filomena Tassi announced Canada had signed a deal to purchase 500,000 courses of the oral antiviral drug, with the option to purchase another 500,000 if Health Canada gives the all-clear.

“The inventory is there, it’s ready to be shipped once we have approval, but we will continue to manufacture for future supplies.” said Marwan Akar, president of Merck Canada, at a news conference Monday.

The antiviral works by blocking the enzyme essential for viral replication.

While Merck’s initial clinical trial showed a 50 per cent reduced risk of hospitalization or death compared to placebo patients with mild or moderate COVID-19, later results showed a risk reduction of 30 per cent.

Some experts have heralded the development of the drug as a potential turning point in the pandemic. Currently, antiviral medication must be administered intravenously by a health-care professional in a hospital.

The oral medication could be prescribed and taken at home, allowing patients to be treated before they are so sick they need hospital care and potentially alleviating pressure on hospitals.

The announcement is also a step forward in Canada’s efforts to boost domestic biomanufacturing to respond to COVID-19 and future pandemics. “To me, this is a very big step in how we intend to rebuild our biomanufacturing sector in Canada,” said Innovation Minister Franois-Philippe Champagne at the news conference.

Canada’s capacity to produce pharmaceuticals has been in decline since the 1980s, leaving the country unable to create its own supply of much-needed COVID-19 vaccines and treatments.

Canada’s dependency on foreign supply meant the vaccine rollout was stalled due to overseas shipment delays.

Since then, Canada released a biomanufacturing life sciences strategy to try to rebuild its long lost capabilities.

“We didn’t choose the timing of this pandemic,” Champagne said.

“We won’t choose when the next one happens. But we can choose and we are choosing as Canadians to be ready for whatever may come next.”

Merck Canada has invested $19 million to scale up production of its antiviral drug at Thermo Fisher Scientific’s facility, Champagne said, signalling companies are prepared to invest in Canadian drug production.

Merck Canada chose the Canadian plant because of its capacity, capability and speed, Akar said, “and, to be honest with you, the trust that we had that the facility in Whitby will deliver as we need it, because we are dealing with a pandemic.”

So far, there are 50 employees dedicated to production of molnupiravir in the Thermo Fisher Scientific facility, though officials expect more jobs will be created as health authorities around the world approve the use of the drug.

Comment by 2b7f6fab on Dec 07, 2021 1:02pm
Supply TLD1433 in nebulizer format and that's the end of covid-19
Comment by CancerSlayer on Dec 07, 2021 2:33pm
  Yep, that may just be enough & what I've been hoping for, especially used in such a way as a convenient treatment...an aqueous-based solution that could be taken by nebulizer at home.  Possibly no need for any form of PDT/x-ray as our air attack (compound) itself may provide enough of a viral kill/suppression to sufficiently reduce the viral load for our ground forces (immune ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.


Connect with V.TLT



Investor Presentation

The Road to Saving Lives: Clinical Study Underway

  • Clinical Study with 75 of 100 Patients Treated (Enrollment to be completed by end of 2024, with study completed by end of 2026)
     
  • Ground Floor Investment Opportunity in Multi-Billion Dollar Industry
     
  • Best-in-class treatment for NMIBC (according to interim clinical data)
     
  • NMIBC (Non-Muscle-Invasive Bladder Cancer)
     

FACT SHEET

View the Presentation

The Watchlist

The Watchlist
{{currentVideo.videoCaption}}
< Previous Video {{moreVideoText}} Next Video >

Investment Opportunity

The Road to Saving Lives: Clinical Study Underway

  • Clinical Study with 72 of 100 Patients Treated (Enrollment to be completed by end of 2024, with study completed by end of 2026)
     
  • Ground Floor Investment Opportunity in Multi-Billion Dollar Industry
     
  • Best-in-class treatment for NMIBC (according to interim clinical data)
     
  • NMIBC (Non-Muscle-Invasive Bladder Cancer)
     

Facebook

Contact Us

Address:
41 Hollinger Road
Toronto, ON M4B 3G4
Canada

Toll Free:
1-866-THE-LASE (843-5273)
Local Phone:
416-699-LASE (5273)

Email:
info@theralase.com

Fax:
416-699-5250